NCAAB
Updated March 4, 2024
Reviewed By @geauxirish

Best March Madness Betting Sites 2024: Top NCAA Tournament Promos & Offers

Can the UConn Huskies become the first team since the Florida Gators in 2006 and 2007 to win back-to-back NCAA Tournament championships? Is this the year the Purdue Boilermakers can shake their March Madness underachiever status and cut the nets at the Big Dance? Can a 15-seed make it into the Sweet Sixteen for the fourth year in a row? 

March Madness is one of the most exciting times on the sports calendar, filled with thrills, drama, upsets, buzzer-beaters and shock defeats. The NCAA Tournament is one with a plethora of betting options, and in this guideline we will explore the top March Madness betting sites, betting options, promos, and offers, along with valuable tips for successful betting.

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Where to Find the Best March Madness Betting Site for 2024

When looking for the best March Madness betting sites for 2024, it's crucial to consider various factors that contribute to a superior betting experience. There are several reputable online sportsbooks that cater specifically to NCAA March Madness betting, offering competitive odds and betting lines, a wide range of betting options, and enticing promos and offers for every college basketball game.

Check out our list of the Best Sports betting Apps for 2024.

March Madness Betting Sites Table

SPORTSBOOKPROMOTIONAL OFFERSPROS
BetMGMBet $5, Get $150 in Bonus Bets promo. New customers wager a minimum of $5 and receive $150 in bonus bets.BetMGM is one of the leading sportsbooks and its mobile app offers stats, same-game parlays, bet editing tools and live streaming. 
Caesars Sportsbook$1000 No-Sweat Bet promo is the highlight of Caesars app. If your first bet loses, you’ll get it back as a bonus bet, up to $1000.One of the largest bonuses for new customers also offers more odds than its competitors in a user-friendly app with live betting and the Caesars Rewards loyalty program.
DraftKings Sportsbook$1000 No Sweat First Bet March Madness promo. New customers get up to $1000 in bonus bets, distributed as $25 bet credits, deposited into a new account after settlement of initial losing wager.  DraftKings is considered one of the best sportsbook apps in the industry and sports a clean design.
BetRiversUse code “SPORTS” to receive a $100 Bonus Bet coupon on your first deposit in the ‘Second Chance Bet’ promo.The BetRivers site is easy to navigate and offers one of the most generous Welcome bonuses in the industry. The app also offers plenty of betting markets.
FanDuel SportsbookBet $5, Win $150 in Bonus Bets promo. Receive $150 in bonus bets when your first wager ($5 min.) settles as a win.Marketed as ‘America’s #1 Sportsbook’, FanDuel is also known for providing quick payouts.
ESPN BETMake Any Sportsbook Bet, Get $100 in Bonus Bets promo. New customers can score $100 in bonus bets by opening an ESPN BET account, making a deposit and placing a bet of any amount.ESPN BET provides access to a massive amount of sportsbook markets. The app is very user-friendly and its welcome offers are decent. 

You can always turn to Lines.com for the best online sports betting sites and top betting action! 

What are the top March Madness betting apps for 2024?

It is no surprise that the leading sportsbooks for wagering on the 2024 NCAA Basketball Tournament are the most established ones. Let's examine some of them for the top sportsbook promos for March Madness 2024. 

For a complete breakdown, check out our Sportsbook Reviews.

DraftKings Sportsbook

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DraftKings mobile app is consistently top-rated among the sportsbook betting apps. The app offers some of the most competitive betting odds available. Plus, new DraftKings accounts are greeted with one of the most enticing welcome bonus, namely:

  • $1000 No Sweat First Bet with new customers get up to $1000 in bonus bets, distributed as $25 bet credits, deposited into a new account after settlement of initial losing wager.  
  • Guaranteed $200 bonus for new accounts placing a minimum $5 bet.

For the Big Dance, DraftKings is offering some intriguing promos, for example:

  • A March Mania Survivor Pool will command a $100 entry fee and a shot at a $100,000 pool. 
  • A 3+ leg Same Game Parlay insurance offering bonus bets.
  • A Free Bracket Beach Challenge with a $50,000 prize pool for the contestant that scores the highest number of points.
  • The College Basketball Millionaire Bracket, with $1,000,000 for first place, $50,000 for the runner up and $20,000 third prize. There's a $100 entry fee and those in the Top 40 will bank $300.
  • The free Coors Light March Hoops Challenge asks questions for Day 1 and Day 2 of the NCAA Tournament for a $5,000 prize pool.

DraftKings is currently available in the following states:

  • Arizona
  • Colorado
  • Connecticut
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • New Hampshire
  • New Jersey
  • New York
  • Ohio
  • Oregon
  • Pennsylvania
  • Tennessee
  • Vermont
  • Virginia
  • West Virginia
  • Wyoming

BetMGM

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The BetMGM sportsbook app is one of the best sportsbooks and is characterized by multiple user-friendly features, from same-game parlays to live streaming. The app offers a live betting section and the ability to keep track of games-in-progress and upcoming games, with a time-remaining counter.

BetMGM provides some incentives for new signups in addition to their standard Bet $5, Get $150 in Bonus Credits. For March Madness, BetMGM promos include:

  • New BetMGM accounts get $1,000 in bonus bets for the NCAA Tournament. 
  • A free to play $10 Million Bracket Challenge, collected by nailing the perfect bracket. If there’s no perfect bracket, the one who scores the most points is guaranteed a $100,000 prize.

BetMGM app is available in the following states:

  • Arizona
  • Colorado
  • Washington D.C.
  • Indiana
  • Illinois
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • Missouri
  • New Jersey
  • Nevada
  • New York
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia
  • Wyoming

Caesars Sportsbook

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What sets Caesars Sportsbook apart from its competitors is the popular Caesars Rewards loyalty program. You can earn points on any bet and can redeem these loyalty points on the Caesars app or at the retail betting outlets. 

The Caesars app is clean and well organized, with a Schedule section, Future Bets, Live and Featured areas at the top of the app to aid you in keeping track of all the NCAA Tournament action.

Caesar is one of the best college basketball betting sites with one of the top March Madness betting promos. New customers at Caesars can take advantage of one of the more lucrative promos for the 2024 NCAA Tournament, namely:

  • If your first bet loses, you’ll get it back in a bonus bet, covered up to $1,000 maximum.

You can wager on the Caesars Sportsbook app if you live in the following states:

  • Arizona
  • Colorado
  • Washington D.C.
  • Iowa
  • Illinois
  • Indiana
  • Louisiana
  • Michigan
  • Maryland
  • New Jersey
  • New York
  • Nevada
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia

FanDuel Sportsbook

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As one of the top sports betting apps, FanDuel offers ample live betting options. The mobile app is fast and user-friendly. We’ve got you covered with a complete guide for beginners to bet  on FanDuel here.

March Madness promos for new signups on the FanDuel app include: 

  • $150 in bonus bets for a $5 winning wager
  • A ‘Boost Builder’ that can boost parlay winnings up to 105%. Build at least a 3-leg College Basketball parlay and apply a 15% boost to the wager. Each additional leg will increase the ‘Profit Boost’ by 10%. 

You can wager online in the FanDuel app in the following states:

  • Arizona
  • Colorado
  • Connecticut
  • Washington D.C.
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • New Jersey
  • New York
  • Pennsylvania
  • Ohio
  • Tennessee
  • Virginia
  • Vermont
  • West Virginia
  • Wyoming
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Evaluating the best March Madness betting site for your needs

If you’re a beginner in sports betting you want to choose a sportsbook app that is easy to use. For the more experienced bettor, you may want to find those that offer a variety of markets to place your bet. Always remember that you should only bet what you can afford to lose.

What promos and offers do the best March Madness betting sites provide?

DraftKings, Caesars, FanDuel, ESPN BET and BetMGM –all of these sites offer bonus bets if your bet loses –particularly for new accounts– giving you another shot at a decent payout if you correctly pick an underdog in an NCAA tournament upset win.

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How to Bet on March Madness Online

Betting on March Madness online opens up a world of possibilities for enthusiasts.

What are the different betting options for March Madness?

March Madness offers a diverse range of betting options, including traditional moneyline bets, point spread bets, over/under bets, prop bets, live bets and futures bets. There are also March Madness bracket pools, with some of these offered for free and others with an entry fee, normally $100. 

  • Point spreads: This is one of the most common betting types for March Madness, with the sportsbook posting odds for a team to cover.
  • Moneylines: Pick the winner. Popular for teams that might be evenly matched.
  • Parlays: Combining two or more picks can generate a large payout. 
  • Over/under bets: Select the team and odds to score more or less points offered by the sportsbook.
  • Futures: At the start of the NCAA tournament you can bet on a team to reach the Final Four or the NCAA championship game. 

Which betting apps offer the best user experience for March Madness?

DraftKings and FanDuel are apps that are intuitive and user-friendly. Check out our reviews on the best sportsbook betting apps here.

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What are the live betting opportunities during March Madness?

The thrill and excitement of March Madness, with shocking upsets and buzzer-beaters, is enhanced with live betting. So the various markets will be updated as the game progresses, for example the moneyline, totals (over/under) and point spread. 

Understanding March Madness Betting Odds and Promos

March Madness betting odds play a crucial role in shaping the betting landscape, while promos and bonuses add value to your wagers. 

What factors determine the March Madness betting odds?

Team strength, player injuries, player experience, coaching strategy, and even home-court advantage can all play a role in the outcome of a game, making it difficult to predict upsets solely based on seedings. 

What type of promos and bonuses are available for NCAA March Madness betting?

Online sportsbooks offer a variety of promos and bonuses for NCAA March Madness betting, including welcome bonuses, free bets, and odds boosts. 

How to make the most of betting promos during March Madness?

To maximize the benefits of betting promos during March Madness, regularly check for promotional offers, read the terms and conditions, and utilize them strategically based on your betting preferences.

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Exploring March Madness Betting Tips

Ever dream of putting together the perfect bracket or winning the NCAA tournament pool? Participating in bracket betting for March Madness adds an extra layer of excitement to the NCAA tournament. 

How can I enter an NCAA tournament pool and participate in bracket betting for March Madness?

The leading sportsbooks offer free or entry-fee brackets with million-dollar prize pool payouts for the best pickers. Correctly selecting the most Elite Eight and Final Four teams in your bracket will rack up big points. 

Examples of bracket betting on the sports betting apps include:

  • At BetMGM there’s a free-to-play bracket challenge that will award $10 million for the perfect bracket and a guaranteed $100,000 top prize for the bracket winner. 
  • DraftKings has a March Madness bracket that requires a $100 entry fee, and awards $1M to the winner and prize money to the top 40.

What are the best betting tips for successful March Madness betting?

The NCAA tournament is all about buzzer-beaters and shock upsets. Picking the correct winner involves staying informed on team strength, form and injuries. Keep an eye on some 10-seeds matching up with the favored 7-seeds. Also, 15-seeds have shocked the 2-seeds on 10 occasions since 1985 and for the past three NCAA tournaments, a 15-seed has advanced to the Sweet Sixteen. 

Where can I find information about March Madness betting sites and promos?

Comprehensive information about March Madness betting sites and promos can be found on reputable sports betting review websites, dedicated NCAA tournament coverage platforms, and official sportsbook resources. Our BetMGM guide provides the ins and outs of opening an account and placing bets. Similarly, our FanDuel betting guide is suitable for experts and beginners.

The Advantages of Using Sports Betting Apps for March Madness

Sports betting apps enhance the flexibility and convenience of betting on March Madness, allowing bettors to access their favorite markets and betting options on the go. 

What features do sports betting apps offer for betting on March Madness?

Sports betting apps offer a wide range of features, including intuitive bet placement, secure payment options, real-time game updates, and personalized notifications for upcoming matches and betting opportunities. For live betting, some will offer live real-time data animations of the games, and some even will have outright streaming feeds of the games.

How do mobile apps enhance the experience of betting on March Madness?

The ease of use of the sports betting mobile apps result in unmatched convenience, allowing bettors to place their wagers from anywhere at any time. 

Which online sportsbooks provide the best mobile app for NCAA tournament betting?

Several online sportsbooks prioritize the development of high-quality mobile apps tailored specifically for March Madness betting. Look for sportsbooks with innovative mobile app features, seamless navigation, and compatibility across various devices to ensure a superior mobile betting experience.

FAQs

What are the top betting sites for the NCAA tournament? 

Draftkings, FanDuel, Caesars and BetMGM are not only some of the most popular sports betting sites available to the bettor in states where sports betting is legal and available, but also present a number of features to enhance the enjoyment of the betting and the game.

Is it legal to bet on the NCAA tournament?

About 30 states allow legalized sports gambling in some form, whether online sportsbooks, retai,l or both.

Who won the last NCAA tournament title?

The University of Connecticut Huskies won last year’s NCAA tournament and are favored to win the 2024 edition. 

What are the odds to win the NCAA tournament?

Current odds might vary by sportsbook, but the consensus has UConn at +500 to win back-to-back NCAA tournaments. The Purdue Boilermakers have been ranked No. 1 for most of the season and follow with odds at +800. Houston has emerged as another favorite and a likely No. 1 seed with odds at +800 to win the NCAA Championship. The Arizona Wildcats follow at +1000 to cut the nets at the Big Dance. Track the odds here.


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